Single Certificate of Entitlement Category for Motorcycles

Debated in Parliament on 7 Oct 2014.

Summary written by AI (learn more)

The debate focused on whether to maintain a single COE category for motorcycles or split it by engine capacity corresponding to Class 2, 2A, and 2B licences.
Muhamad Faisal Bin Abdul Manap questioned the rationale for a single category and proposed splitting it to align with motorcycle licence classes.
Lui Tuck Yew explained that Category D exists to prevent motorcycles from competing with other vehicles, but further splitting could reduce quota and increase price volatility.

Questions identified by AI (learn more)

Full Transcript

Muhamad Faisal Bin Abdul Manap

Mr Muhamad Faisal Bin Abdul Manap asked the Minister for Transport (a) what is the rationale of having a single Certificate of Entitlement (COE) category for motorcycles; and (b) whether LTA will consider splitting the COE for motorcycles into three categories according to the engine capacity of the motorcycles which correspond to the Class 2, 2A and 2B licences.

Lui Tuck Yew

Category D has been created for motorcycle buyers so that they need not compete with other vehicle buyers when bidding for a COE. Splitting Category D further would result in a much smaller quota available in each sub-category. This may lead to more volatility in quota and prices.

Summary written by AI (learn more)

The debate focused on whether to maintain a single COE category for motorcycles or split it by engine capacity corresponding to Class 2, 2A, and 2B licences.
Muhamad Faisal Bin Abdul Manap questioned the rationale for a single category and proposed splitting it to align with motorcycle licence classes.
Lui Tuck Yew explained that Category D exists to prevent motorcycles from competing with other vehicles, but further splitting could reduce quota and increase price volatility.

Questions identified by AI (learn more)

Single Certificate of Entitlement Category for Motorcycles | PAPERCUTS

Single Certificate of Entitlement Category for Motorcycles

Debated in Parliament on 7 Oct 2014.

Summary written by AI (learn more)

The debate focused on whether to maintain a single COE category for motorcycles or split it by engine capacity corresponding to Class 2, 2A, and 2B licences.
Muhamad Faisal Bin Abdul Manap questioned the rationale for a single category and proposed splitting it to align with motorcycle licence classes.
Lui Tuck Yew explained that Category D exists to prevent motorcycles from competing with other vehicles, but further splitting could reduce quota and increase price volatility.

Questions identified by AI (learn more)

Full Transcript

Muhamad Faisal Bin Abdul Manap

Lui Tuck Yew

Summary written by AI (learn more)

The debate focused on whether to maintain a single COE category for motorcycles or split it by engine capacity corresponding to Class 2, 2A, and 2B licences.
Muhamad Faisal Bin Abdul Manap questioned the rationale for a single category and proposed splitting it to align with motorcycle licence classes.
Lui Tuck Yew explained that Category D exists to prevent motorcycles from competing with other vehicles, but further splitting could reduce quota and increase price volatility.

Questions identified by AI (learn more)

Single Certificate of Entitlement Category for Motorcycles

Summary

Questions Identified

Full Transcript

Muhamad Faisal Bin Abdul Manap

Lui Tuck Yew

Summary

Questions Identified

Single Certificate of Entitlement Category for Motorcycles

Summary

Questions Identified

Full Transcript

Muhamad Faisal Bin Abdul Manap

Lui Tuck Yew

Summary

Questions Identified